F&F Provides Operating Expense Support to Stores in Daegu and Gyeongbuk Regions

[Asia Economy Reporter Yujin Cho] F&F (CEO Changsoo Kim), which operates Discovery Expedition and MLB, announced on the 8th that it will support operating expenses and rent for stores in the Daegu and Gyeongbuk regions to overcome the novel coronavirus infection (COVID-19).

Seven Discovery Expedition stores, five MLB stores, and four MLB Kids stores in the Daegu area will receive operating support funds that can be used for labor costs, and two Discovery Expedition stores in Daegu will receive 50% support for monthly rent.

MLB, Stretch Angels, and Discovery Expedition stores located in high-risk areas nationwide, including Daegu and Gyeongbuk, will be provided with store disinfection costs and masks to create a safe working environment for employees and allow customers to experience products with peace of mind. In addition, 10 Discovery Expedition stores in the Daegu and Gyeongbuk regions will provide special customer gifts free of charge.

F&F’s affiliate F&Co also delivered about 900 products such as cleansers and moisturizing creams that help with skin cleansing and moisturizing to medical staff in the Daegu and Gyeongbuk regions last month.

An F&F official stated, “Although everyone is having a hard and difficult time due to COVID-19, we will overcome difficulties together through win-win management activities with our partners.”

Since 2016, F&F has maintained a partnership with Bear Better, a social enterprise for people with developmental disabilities, purchasing welfare items such as in-house welfare goods, breakfast, and flowers for employees, with cumulative transaction amounts reaching about 400 million KRW.

Last year, F&F encouraged voluntary employee donations by sponsoring events to support vulnerable groups domestically and internationally and promote a culture of sharing, donating 300 million KRW to Yonsei Medical Center Cancer Hospital funds, and introducing a method of donating proceeds from in-house beverage sales, while participating in support activities for socially marginalized groups.

This content was produced with the assistance of AI translation services.